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India macro › CPI inflation › April 2024

CPI inflation, April 2024: 4.83%

India's consumer price inflation eased to 4.83% in April 2024 from 4.85% in March, the lowest since May 2023. Food inflation was 7.87%, against 7.74% the month before. That is inside the RBI's 2–6% tolerance band, above its 4% target. The repo rate was 6.50% at the end of the month, 1.67 points above inflation.

April 2024March 2024April 2023
CPI inflation4.83%4.85%4.70%
Food inflation7.87%7.74%4.16%
CPI inflation, food inflation and the repo rateMay 2021 – Oct 2026
−5%0%5%10%15%20222023202420252026New CPI base (2024)4.83%
Year-on-year inflation for All India, rural and urban combined. The CPI moved to a 2024 base in January 2026, so the figures either side of the dashed line come from different series.

Source: Ministry of Statistics and Programme Implementation (MoSPI). MoSPI revises earlier periods as fuller data arrives; this page shows the latest published figure. The latest figures for every indicator are on the India macro dashboard.